Taiyo Nippon Sanso Corporation (TNSC) will supply on-site gas to JFE Steel from October 2017 in a newly-formed joint venture (JV).
JFE Steel’s current air separation unit (ASU) production at its Nishi Nippon Steel Works in the Kurashiki District will be transferred to the JV scheme, to be called JFE Sanso Centre, with the investment of 60% from the Tier One organisation and 40% from JFE Steel.
Under this new agreement, JFE Steel will replace its old ASU with two new units, capable of producing approximately 60,000Nm3/h of oxygen (O2), whilst the Japanese industrial gas corporation will provide all the production facilities.
TNSC’s investment in the new gas supply equipment, including the cryogenic ASU, at the Kurashiki site is estimated to be around ¥20bn ($180m).
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